View more on these topics

AWD Chase de Vere to sell Moneyextra

AWD Chase de Vere is offloading its telesales and client servicing operations arm Moneyextra as it brings all its business units under a single brand.

The group says since repositioning it within AWD’s wealth management remit, which took place in April, Moneyextra’s online price comparison services no longer fits with its long-term strategic vision in the wealth management, telephone advisory and consulting services.

The contracts will be sold to a new business Limited with completion expected at the end of the month.

AWD Group chief executive Mike Kirsch says: “This marks another important step towards our goal of becoming the UK’s leading IFA. The integration of our telephone advisory services within AWD Chase de Vere Wealth Management is now well advanced and we are able to provide our clients with an enhanced experience by offering access to a greater range of services through the seamless integration of our face to face and telephone-based advisory services.

“Moneyextra provides an excellent price comparison service however this no longer fits with our advice-based proposition and we believe that it will be more effectively developed under new ownership.”


Six on list for FSA

There are six candidates in the running to replace Sir Callum McCarthy as FSA chairman, including Lloyds TSB deputy chief executive Michael Fairey, Money Marketing understands.
Fairey, 59, is retiring from the bank in the summer and is a member of the FSA’s retail financial services group.

Qatar cover image - thumbnail

White paper — Qatar International Insights

Jelf Employee Benefits highlights new legislation, key requirements and policy considerations when structuring international private medical insurance (IPMI) for expatriate employees in Qatar. This edition will be of particular interest to global human resource directors, compensation and benefits specialists and mobility managers who have employee populations in Qatar.


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm